In this video, we discuss all about crowdfunding, the risks involved, its advantages and the procedure to be followed is discussed in detail.
What is Crowdfunding?
This is a technique where the capital for a business is raised with the help of a group of individual people or small investors in startups through a Crowdfunding website.
Advantages of Crowdfunding
– NO security deposit
– Raise funds quickly
– Promotes business ides
– Provides option for small investors
Disadvantages of Crowdfunding
– Risk of fraud
– Unfulfilled commitment
– Failure of projected plan
For more details, you can refer to our article – https://www.wallstreetmojo.com/crowdfunding
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